Japan’s Nikkei 225 index has started the day off down around 1% this morning while the Australian All Ords is holding its head above water for the moment. In Japan we have airlines and pharmaceutical shares dragging the market lower although exporters and financials are up this morning so far.
As i mentioned earlier, if we see the equity markets too much in the red today we should see a return to risk aversion given the market’s renewed appetite for risk in the past week.
